QS Rank:

43

University of New South Wales, Sydney

New South Wales
,Australia

Program Name
Master in Financial Mathematics
Overview

The Master in Financial Mathematics program at the University of New South Wales, Sydney stands out as a premier choice for aspiring professionals seeking to excel in the world of finance. This program is meticulously designed to equip students with in-depth knowledge and analytical skills essential for tackling complex financial challenges. Financial Mathematics integrates rigorous mathematical theories and methodologies with practical applications in finance, preparing graduates for a multitude of lucrative career paths. With a strong emphasis on quantitative analysis and data-driven decision-making, this program ensures that students are well-prepared to meet the demands of the fast-paced financial industry.
The curriculum is comprehensive and designed to provide a solid foundation in core principles while also allowing for specialization in key areas. Students will explore subjects such as stochastic calculus, risk management, financial modeling, and investment analysis. Additionally, courses like Statistical Methods in Finance and Computational Finance will empower students to apply mathematical techniques to real-world financial problems. The program culminates with either a research project or a capstone project, giving students the chance to apply their learning in practical settings, fostering both creativity and independent thought.
Faculty expertise is one of the program's significant strengths. The professors are not only highly qualified but also actively engaged in cutting-edge research in various fields of finance and mathematics. They bring their industry experience and scholarly research into the classroom, offering students valuable insights and mentorship opportunities. The teaching methodology emphasizes interactive learning, discussion-based classes, and practical assignments, ensuring that students are well-prepared to transition into professional roles upon graduation.
The University of New South Wales is renowned for its robust research culture, providing students with extensive resources and opportunities to engage in innovative financial research. The university boasts state-of-the-art facilities and laboratories, which play a critical role in supporting academic exploration. Research groups at UNSW often collaborate with financial industries, allowing students to work on real-world projects that enhance their learning experience. This exposure is invaluable, as it not only enriches their academic journey but also significantly elevates their employability upon graduation.
Another critical aspect of the program is its strong ties to the financial industry. The university maintains partnerships with various leading financial institutions, which facilitates internship opportunities and industry projects for students. This connection provides an essential bridge between academic theory and practical application, allowing students to gain hands-on experience in their field. Many students secure internships that lead to full-time roles after graduation, contributing to the program’s high employment rates. Hence, graduates can expect to find themselves in a variety of roles across sectors such as investment banking, risk management, data analysis, and financial consulting.
Alumni of the Master in Financial Mathematics program have successfully transitioned into prominent positions within the finance sector, including roles such as Financial Analyst, Quantitative Analyst, and Risk Manager. Many alumni have shared their success stories, highlighting how the program equipped them with the necessary skills and knowledge to excel in demanding environments. They often reference the program's rigorous training, faculty support, and networking opportunities as crucial to their career advancements. Their collective achievements serve as a testament to the program's ability to foster talent and drive success in the competitive field of finance.
The program's unique features further distinguish it from other offerings. For instance, the University of New South Wales provides access to specialized financial databases and software tools that are widely used in the industry. This practical exposure is invaluable for students as they learn to navigate the tools and technologies that financial professionals rely on daily. Furthermore, the university's emphasis on a global perspective in financial education prepares students to work in international markets, making them versatile and adaptive professionals.
Prospective students interested in enrolling in the Master in Financial Mathematics program should be aware of the admission requirements. Applicants are expected to hold a relevant undergraduate degree and submit a transcript alongside a resume and academic letters of recommendation. Additionally, proficiency in English is mandatory, with acceptable scores in standardized tests such as the TOEFL (minimum score of 90), IELTS (minimum score of 6.5), or PTE (minimum score of 64). These requirements are established to ensure that students possess the necessary academic background and language skills to succeed in their studies.
In conclusion, the Master in Financial Mathematics at the University of New South Wales, Sydney is an exceptional program that combines rigorous academic training with practical experience and industry connections. This holistic approach to education not only prepares students to excel in their careers but also empowers them to become leaders in the financial domain. The program's emphasis on research, innovative teaching, and real-world application ensures that graduates are well-equipped to meet the challenges of a rapidly evolving financial landscape.
Why Study Financial Mathematics at University of New South Wales, Sydney
- A popular choice for international students with a diverse community that fosters global connections and collaborations.
- Learn from leading faculty members, engaging in both theoretical and practical aspects, while having opportunities to become their research assistants.
- Access to high-end labs and specialized financial software to facilitate innovative research work and practical applications.
- Excellent placement assistance and strong industry connections leading to internship opportunities and career growth post-graduation.
- An engaging campus life with various extracurricular activities, events, and student clubs that enhance the overall educational experience.

Duration
19 Months

Median Salary
$75,000
Ranking
#51
US World and News Report
#43
QS World University Rankings
Class Profile

Class Size
20

Average Age
25

Average Work Experience
2 Years
Diversity
Others:
2%Western Australia:
10%South Australia:
5%Tasmania:
2%Victoria:
30%Queensland:
20%New South Wales:
31%Career Outcomes

Median Earnings After Graduation
$75,000 / year
Prospective Job Roles
Research Scientist
Financial Engineer
Mathematical Modeler
Financial Analyst
Investment Banker
Quantitative Analyst
Risk Analyst
Data Scientist
Actuary
Consultant
Top recruiters










Eligibility Criteria
English Proficiency Tests
TOEFL
90
IELTS
6.5
PTE
64
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.
Transcript
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$44,873 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
University of New South Wales
Australian Mathematical Society
Association for Financial Professionals
FAQs
A student can complete Financial Mathematics at University of New South Wales, Sydney with in 19.
The application fee to pursue Financial Mathematics at University of New South Wales, Sydney is AUD 125 for international students.
The annual tuition fee to pursue Financial Mathematics at University of New South Wales, Sydney is AUD 44873.
The submission of these scores mainly depends on the type of degree/ course selected at the University of New South Wales, Sydney. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of New South Wales, Sydney requirements before submitting a score.
Financial Mathematics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
If a student fulfils all the eligibility criteria and admission requirements of University of New South Wales, Sydney, they can easily pursue Financial Mathematics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
An MS degree at University of New South Wales, Sydney can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of New South Wales, Sydney website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at University of New South Wales, Sydney by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
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